Internal Auditor - Capital Projects

Position Overview

We are seeking a highly motivated and detail-oriented Internal Auditor – Capital Projects to join our dynamic team at Alfanar Group. In this critical role, you will play a pivotal part in ensuring the integrity, efficiency, and compliance of our capital project expenditures. Your responsibilities will encompass conducting comprehensive audits, identifying financial risks, and providing actionable recommendations to enhance internal controls and operational effectiveness. This position is ideal for a professional with a strong background in internal auditing, particularly within the construction or infrastructure sectors, who is eager to contribute to the financial health and strategic objectives of a leading organization.

Key Responsibilities

• Audit Execution: Plan, execute, and document audits of capital projects, including reviewing financial records, procurement processes, and project expenditures to ensure adherence to company policies, regulatory requirements, and industry standards.
• Risk Assessment: Identify and evaluate financial, operational, and compliance risks associated with capital projects, and develop mitigation strategies to safeguard the organization’s assets and reputation.
• Control Evaluation: Assess the effectiveness of internal controls over capital project activities, including procurement, contract management, and financial reporting, and recommend improvements to enhance efficiency and reduce exposure to fraud or errors.
• Compliance Monitoring: Verify that capital projects comply with applicable laws, regulations, and internal policies, and liaise with external auditors and regulatory bodies as required to facilitate seamless audit processes.
• Reporting and Recommendations: Prepare clear, concise, and actionable audit reports for senior management and stakeholders, highlighting findings, root causes, and strategic recommendations to drive continuous improvement.
• Stakeholder Collaboration: Work closely with cross-functional teams, including finance, project management, and legal departments, to gather information, address audit findings, and implement corrective actions.
• Process Improvement: Identify opportunities to streamline capital project processes, enhance financial controls, and optimize resource allocation to support the organization’s long-term growth objectives.

Qualifications and Skills

To excel in this role, you should possess the following qualifications and competencies:

• A bachelor’s degree in Accounting, Finance, Business Administration, or a related field. A master’s degree or professional certification such as CPA, CIA, or ACCA is highly desirable.
• A minimum of 5 years of experience in internal auditing, with at least 3 years focused on capital projects, construction, or infrastructure sectors.
• Strong knowledge of audit methodologies, financial regulations, and internal control frameworks, including IFRS, GAAP, and COSO.
• Proficiency in audit software and tools, such as ACL, IDEA, or SAP, and advanced Excel skills for data analysis and reporting.
• Excellent analytical, problem-solving, and communication skills, with the ability to articulate complex findings in a clear and concise manner.
• Demonstrated ability to work independently, manage multiple priorities, and meet tight deadlines in a fast-paced environment.
• Fluency in English is required; additional language skills are a plus.

Why Join Alfanar Group?

As a global leader in energy, infrastructure, and real estate, Alfanar Group is committed to driving innovation, sustainability, and excellence in everything we do. Joining our team means becoming part of a forward-thinking organization that values integrity, collaboration, and professional growth. You will have the opportunity to work on high-impact projects, contribute to our strategic vision, and advance your career in a dynamic and supportive environment. We offer competitive compensation packages, comprehensive benefits, and a culture that fosters continuous learning and development.